RGA Earnings Prediction
The chart below shows how RGA performed 10 days before and after its earnings report, based on data from the past quarters. Typically, RGA sees a -0.86% change in stock price 10 days leading up to the earnings, and a +0.97% change 10 days following the report. On the earnings day itself, the stock moves by -1.23%. This data can give you a slight idea of what to expect for the next quarter's release.
RGA Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
5.20B
4.21%
-7.99%
Gross Margin
--
--
--
Operating Margin
5.25%
19.59%
0.38%
Net Margin
2.88%
-10.00%
3.23%
EPS
2.22
-5.13%
-4.72%
No Data Available
RGA Earnings Analysis
Reinsurance Group of America Inc Corporation (RGA.N) Earnings Conference Call
Positive
Record Operating EPS Growth: Adjusted operating earnings of $4.99 per share were reported, with a record operating EPS of $22.57 for the full year, reflecting a 14% increase from 2023.
Transaction Investment Increase: The company deployed nearly $1.7 billion into transactions for the full year, marking an 80% increase from 2023, with $250 million deployed in the fourth quarter alone.
Record New Business Value: New business value added reached an all-time high for the year, with a record increase of 70% from 2023, driven by successful creation redeals.
In-Force Business Margin Increase: The value of in-force business margins increased by $4.6 billion or around 14% for the year, primarily due to new business contributions of $4.8 billion.
Book Value Growth: Book value per share increased to $151.97, representing a compounded annual growth rate of 9.9% since the beginning of 2021.
Negative
Premium Growth Analysis: Reported premiums were up only 1.2% for the quarter relative to Q4 2023, indicating a slowdown in growth despite adjustments showing an 11% increase when excluding US PRT transactions.
Unfavorable Biometric Claims Experience: Biometric claims experience was unfavorable by $52 million on an underlying claims experience basis, leading to a corresponding financial impact of $58 million, reflecting volatility in claims.
Adjusted Operating Loss: The corporate and other segments reported an adjusted operating loss before tax of $71 million, which was unfavorable compared to the expected quarterly average run rate due to higher general expenses.
Annuity Business Challenges: The US Financial Solutions results were below expectations, primarily due to the combined runoff of existing annuity business, indicating challenges in this segment's performance.
EMEA Claims Experience Challenges: In EMEA, traditional results reflected modestly unfavorable claims experience, with the financial statement impact showing negative experience in floored cohorts, suggesting ongoing issues in this region.
RGA FAQs
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RGA Earning Call Sentiment
Reinsurance Group of America, Incorporated (NYSE:RGA) Q4 2024 Earnings Call Transcript
RGA.N
-1.86%Positive
The earnings call indicates strong financial performance with record earnings, increased margins, and substantial capital deployment. While there are concerns about biometric claims and management's vague responses on litigation impacts, the overall sentiment remains positive with optimistic growth outlooks and strategic focus on asset repositioning. The Q&A suggests analysts are satisfied with management's strategies, and the company's ability to deploy capital effectively is viewed positively. Given the lack of market cap information, the stock price is likely to see a positive movement between 2% to 8% over the next two weeks.
